Auction Results – Trade Select Ruby Auction and MRM Update

Gemfields announces the results of an auction of mixed-quality rough ruby held from 22 to 29 June 2026. This marks the Company’s first “Trade Select” auction, featuring a broader mix of ruby qualities as well as newly introduced sapphire categories.

Highlights – Trade Select Ruby Auction – June 2026

• Total auction revenues of USD 23.1 million.
• 82 of the 89 lots offered for sale were sold (92.1%).
• 374,008 carats were offered for sale with 348,409 carats sold (93.2%).
• Average sales price of USD 66.30 per carat.